States › Georgia › Forsyth County
County5th of 149 in Georgia by approvalsFIPS 13117
SBA loans in Forsyth County, Georgia
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
SBA approved 357 loans to businesses in Forsyth County, Georgia, in FY2021 to FY2025, worth $373M: 311 under 7(a) and 46 under 504.
That is 43.3 approvals per 1,000 business establishments (8,253 establishments in 2023), close to the Georgia figure of 39.2 and close to the national 41.0.
It ranks 5th of 149 Georgia counties with approvals. In FY2025 there were 93, about level with FY2024.
87 lenders had approvals here; the most active were The Huntington National Bank (30), Small Business Access Partners, Inc. (17) and Live Oak Banking Company (16). The most common industry was restaurants and other eating places.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Forsyth County
By number of approvals to businesses in the county, FY2021–FY2025; 87 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 30 | $16.2M | 8.4% | |
| 2 | Small Business Access Partners, Inc.Gainesville, GA · CDC | 17 | $17.4M | 4.8% | |
| 3 | Live Oak Banking CompanyWilmington, NC | 16 | $26.8M | 4.5% | |
| 4 | Bank of America, National AssociationCharlotte, NC | 16 | $3.9M | 4.5% | |
| 5 | SouthState Bank, National AssociationWinter Haven, FL | 15 | $17.9M | 4.2% | |
| 6 | Florida Business Development CorporationTampa, FL · CDC | 13 | $14.4M | 3.6% | |
| 7 | Capital Partners Certified Development CompanyAtlanta, GA · CDC | 11 | $14.4M | 3.1% | |
| 8 | Celtic Bank CorporationSalt Lake City, UT | 10 | $11.2M | 2.8% | |
| 9 | Georgia's Own Credit UnionAtlanta, GA | 10 | $10.0M | 2.8% | |
| 10 | Wells Fargo Bank National AssociationSioux Falls, SD | 10 | $813K | 2.8% | |
| 11 | United Midwest Savings Bank National AssociationDe Graff, OH | 9 | $2.3M | 2.5% | |
| 12 | Newtek Bank, National AssociationMiami, FL | 9 | $2.1M | 2.5% | |
| 13 | Metro City BankDoraville, GA | 8 | $35.3M | 2.2% | |
| 14 | Pinnacle BankNashville, TN | 8 | $17.3M | 2.2% | |
| 15 | First Community BankLexington, SC | 8 | $10.3M | 2.2% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | Restaurants and Other Eating PlacesNAICS 7225 | 31 | 8.7% | |
| 2 | Services to Buildings and DwellingsNAICS 5617 | 23 | 6.4% | |
| 3 | Beer, Wine, and Liquor StoresNAICS 4453 | 17 | 4.8% | |
| 4 | Automotive Repair and MaintenanceNAICS 8111 | 14 | 3.9% | |
| 5 | Computer Systems Design and Related ServicesNAICS 5415 | 13 | 3.6% | |
| 6 | Offices of Other Health PractitionersNAICS 6213 | 12 | 3.4% | |
| 7 | Child Day Care ServicesNAICS 6244 | 11 | 3.1% | |
| 8 | Personal Care ServicesNAICS 8121 | 10 | 2.8% | |
| 9 | Other Amusement and Recreation IndustriesNAICS 7139 | 9 | 2.5% | |
| 10 | Offices of PhysiciansNAICS 6211 | 8 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Retail Trade | 52 | 14.6% | |
| 2 | Administrative and Support and Waste Management and Remediation Services | 41 | 11.5% | |
| 3 | Accommodation and Food Services | 36 | 10.1% | |
| 4 | Other Services (except Public Administration) | 35 | 9.8% | |
| 5 | Professional, Scientific, and Technical Services | 35 | 9.8% | |
| 6 | Health Care and Social Assistance | 34 | 9.5% | |
| 7 | Manufacturing | 30 | 8.4% | |
| 8 | Wholesale Trade | 26 | 7.3% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 48 | $44.6M | $338K | 5 | $8.0M | 53 | 691 |
| FY2025 | 84 | $73.6M | $414K | 9 | $15.0M | 93 | 1,261 |
| FY2024 | 84 | $76.1M | $400K | 8 | $6.9M | 92 | 1,358 |
| FY2023 | 47 | $39.7M | $350K | 7 | $14.3M | 54 | 847 |
| FY2022 | 45 | $63.2M | $770K | 10 | $14.2M | 55 | 878 |
| FY2021 | 51 | $62.2M | $420K | 12 | $7.6M | 63 | 883 |
| FY2020 | 50 | $36.5M | $350K | 9 | $13.1M | 59 | 618 |
| FY2019 | 57 | $38.3M | $350K | 5 | $2.7M | 62 | 715 |
| FY2018 | 68 | $48.8M | $239K | 7 | $7.5M | 75 | 1,178 |
| FY2017 | 52 | $53.4M | $350K | 8 | $10.2M | 60 | 1,074 |
| FY2016 | 53 | $35.3M | $295K | 5 | $3.9M | 58 | 588 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 314 approvals.
Against Georgia and the country
| FY2021–FY2025 | Forsyth County | Georgia | United States |
|---|---|---|---|
| Approvals | 357 | 10,246 | 342,825 |
| Approvals per 1,000 establishments | 43.3 | 39.2 | 41.0 |
| Median 7(a) approval | $400K | $350K | $190K |
| Median 504 approval | $1.0M | $820K | $657K |
| Average approval | $1.0M | $803K | $573K |
| 504 share of approvals | 12.9% | 10.1% | 11.0% |
| Jobs supported per approval, as reported | 14.6 | 11.4 | 10.5 |
| Share of state approvals | 3.5% | 100.0% | — |
Approval sizes
- $50,000 or less7.3%26
- $50,001 to $150,00014.3%51
- $150,001 to $350,00023.0%82
- $350,001 to $1 million25.8%92
- $1 million to $2 million14.6%52
- Over $2 million15.1%54
Age of the businesses
- Existing, more than 2 years old48.5%173
- New business, 2 years or less13.7%49
- Startup, loan funds will open the business25.8%92
- Change of ownership11.8%42
- Not answered0.3%1
Questions and answers
Which lenders make the most SBA loans in Forsyth County?
By approvals in FY2021 to FY2025: The Huntington National Bank (30), Small Business Access Partners, Inc. (17), Live Oak Banking Company (16), Bank of America, National Association (16), SouthState Bank, National Association (15). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Forsyth County?
The median 7(a) approval was $400K and the median 504 approval $1.0M; the Georgia 7(a) median was $350K.
Which industries get the most SBA loans in Forsyth County?
Restaurants and Other Eating Places (31); Services to Buildings and Dwellings (23); Beer, Wine, and Liquor Stores (17); Automotive Repair and Maintenance (14); Computer Systems Design and Related Services (13).
Is SBA lending in Forsyth County rising?
Approvals in the three latest complete fiscal years total 239, against 177 in the three before: rising (+35%).
How does Forsyth County compare with the rest of Georgia?
43.3 approvals per 1,000 establishments against 39.2 statewide, and 357 of the state's 10,246 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error